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CLASS ACTION UPDATE for NSP, KL and GWRE: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / August 13, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

NSP Shareholders Click Here: https://www.zlk.com/pslra-1/insperity-inc-loss-form?prid=8564&wire=1
KL Shareholders Click Here: https://www.zlk.com/pslra-1/kirkland-lake-gold-ltd-information-request-form?prid=8564&wire=1
GWRE Shareholders Click Here: https://www.zlk.com/pslra-1/guidewire-software-inc-loss-submission-form?prid=8564&wire=1

* ADDITIONAL INFORMATION BELOW *

Insperity, Inc. (NYSE:NSP)

NSP Lawsuit on behalf of: investors who purchased February 11, 2019 - February 11, 2020
Lead Plaintiff Deadline : September 21, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/insperity-inc-loss-form?prid=8564&wire=1

According to the filed complaint, during the class period, Insperity, Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) the Company had failed to negotiate appropriate rates with its customers for employee benefit plans and did not adequately disclose the risk of large medical claims from these plans; (b) Insperity was experiencing an adverse trend of large medical claims; (c) as a mitigating measure, the Company would be forced to increase the cost of its employee benefit plans, causing stunted customer growth and reduced customer retention; and (d) the foregoing issues were reasonably likely to, and would, materially impact Insperity's financial results.

Kirkland Lake Gold Ltd. (NYSE:KL)

KL Lawsuit on behalf of: investors who purchased January 8, 2018 - November 25, 2019
Lead Plaintiff Deadline : August 28, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/kirkland-lake-gold-ltd-information-request-form?prid=8564&wire=1

According to the filed complaint, during the class period, Kirkland Lake Gold Ltd. made materially false and/or misleading statements and/or failed to disclose that: (i) Kirkland lacked adequate internal controls over financial reporting, especially as it relates to its projections of risks, reserve grade, and all-in sustaining costs; (ii) as a result of the known, but undisclosed, impending acquisition of Detour, the Company's projections relating to its risks, reserve grade, and all-in sustaining costs were false and misleading; (iii) the Company's financial statements and projections were not fairly presented in conformity with International Financial Reporting Standards; (iv) based on the foregoing, Defendants lacked a reasonable basis for their positive statements about the Company's business, operations, and prospects and/or lacked a reasonable basis and omitted material facts.

Guidewire Software, Inc. (NYSE:GWRE)

GWRE Lawsuit on behalf of: investors who purchased March 6, 2019 - March 4, 2020
Lead Plaintiff Deadline : September 23, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/guidewire-software-inc-loss-submission-form?prid=8564&wire=1

According to the filed complaint, during the class period, Guidewire Software, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) that the Company's transition to the cloud was not going well; (2) that Guidewire's cloud-based products needed to be improved to meet customer needs and catch up with rival systems; (3) that the Company's failed transition to the cloud was also hurting Guidewire's traditional on-premise business; and (4) as a result, Guidewire's revenue guidance, including guidance principally based on significantly increasing demand for the Company's cloud-based products, was baseless and unattainable.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP



View source version on accesswire.com:
https://www.accesswire.com/601703/CLASS-ACTION-UPDATE-for-NSP-KL-and-GWRE-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders

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